Risk Factors Update Summary
- The distribution per unit increased from $2.00 to $2.30 per year, requiring $786.4 million.
- Available cash needed for distributions increased to $223.4 million for the fourth quarter.
- Common units outstanding decreased from 519 million to 983 million as of December 31, 2023.
- Occidental's ownership interest reduced to 48% of outstanding common units, down from 49%.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1423902&owner=exclude
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